The Naked Truth, a week in review.
Total vol Open Short vol Open Trade vol Dark Pool vol Dark-OpenSpread
Sept 29
9,302,165 2,676,865 8,802,165 500,000 -2,176,865
Sept 28
7,461,141 2,399,347 7,111,141 350,000 -2,049,347
Sept 25
11,069,466 3,309,776 10,268,366 801,100 -2,508,676
Sept 24
12,006,188 6,162,915 12,006,188 0 -6,162,915
Sept 23
3,529,434 1,150,132 3,399,434 130,000 -1,020,132
Ok so what does this mean? It illustrates the break down in short interest on each of these days. There's the total short that Alan kindly posts for all of us on a daily basis but within that total short volume is Dark Pool shorting and naked shorting. The dark pool shorting are borrowed shares typically down by institutions, hedge funds etc and the rest are naked or shares that have not yet been borrowed.
Take a look at last Thursday. 51% of the Total daily volume was done by the shorts and of that 51% or 6.1 million shares, ZERO were done via the dark pools. So, some of you are saying so what, right? Well, come settlement date many of those shares remain unborrowed and thus no money exchanges between brokerage houses yet the selling of the phantom shares has already taken place and that money has been received. Poof...out of thin air they now have a pocket full of money by shorting shares they never had to begin with and in the process driving down the stock.
This my friends is Bullshit! And it's happening to NTEK. Check out this site for confirmation. http://www.sec.gov/foia/docs/failsdata.htm Scroll to the bottom and click the fails to deliver link.
So, whats to do about the problem. First, don't get scared for gods sake and sell. You then go from a victim on paper to a victim who has sustained real losses and to add insult to injury, in the process you become an unwilling 'accomplice' to the criminals by helping them drive the price even lower. It's imperative for NTEK shareholders to support their stock and have patience as NTEK continues to build-out the content on UltraFlix as well as add live streaming. This IS HAPPENING NOW! Revenues, auditing and uplisting will squash these vermin and send whats left of them scrambling. We've got a winner here in NTEK. Avoid getting sucked into the vortex of daily horseshit that is so prevalent on these boards. Most of all, do you own DD. It'll help you clearly see the truth....in 4K.
Here's another excellent site that can provide more incite as to what's happening to NTEK and others. This is the website where I get all my short data. It's an excellent tool to use not just for NTEK but for any stock. Stacks upon stacks of info on naked shorting. It's realshortdata.com
Atlas1
NTEK...GET SUMMM!!!
Total vol Open Short vol Open Trade vol Dark Pool vol Dark-OpenSpread
Sept 29
9,302,165 2,676,865 8,802,165 500,000 -2,176,865
Sept 28
7,461,141 2,399,347 7,111,141 350,000 -2,049,347
Sept 25
11,069,466 3,309,776 10,268,366 801,100 -2,508,676
Sept 24
12,006,188 6,162,915 12,006,188 0 -6,162,915
Sept 23
3,529,434 1,150,132 3,399,434 130,000 -1,020,132
Ok so what does this mean? It illustrates the break down in short interest on each of these days. There's the total short that Alan kindly posts for all of us on a daily basis but within that total short volume is Dark Pool shorting and naked shorting. The dark pool shorting are borrowed shares typically down by institutions, hedge funds etc and the rest are naked or shares that have not yet been borrowed.
Take a look at last Thursday. 51% of the Total daily volume was done by the shorts and of that 51% or 6.1 million shares, ZERO were done via the dark pools. So, some of you are saying so what, right? Well, come settlement date many of those shares remain unborrowed and thus no money exchanges between brokerage houses yet the selling of the phantom shares has already taken place and that money has been received. Poof...out of thin air they now have a pocket full of money by shorting shares they never had to begin with and in the process driving down the stock.
This my friends is Bullshit! And it's happening to NTEK. Check out this site for confirmation. http://www.sec.gov/foia/docs/failsdata.htm Scroll to the bottom and click the fails to deliver link.
So, whats to do about the problem. First, don't get scared for gods sake and sell. You then go from a victim on paper to a victim who has sustained real losses and to add insult to injury, in the process you become an unwilling 'accomplice' to the criminals by helping them drive the price even lower. It's imperative for NTEK shareholders to support their stock and have patience as NTEK continues to build-out the content on UltraFlix as well as add live streaming. This IS HAPPENING NOW! Revenues, auditing and uplisting will squash these vermin and send whats left of them scrambling. We've got a winner here in NTEK. Avoid getting sucked into the vortex of daily horseshit that is so prevalent on these boards. Most of all, do you own DD. It'll help you clearly see the truth....in 4K.
Here's another excellent site that can provide more incite as to what's happening to NTEK and others. This is the website where I get all my short data. It's an excellent tool to use not just for NTEK but for any stock. Stacks upon stacks of info on naked shorting. It's realshortdata.com
Atlas1
NTEK...GET SUMMM!!!
